Supermax confirms contracts termination by Canadian govt

KUALA LUMPUR: Supermax Corp Bhd confirmed that two of its existing contracts for the supply of nitrile gloves in Canada have been terminated.

In a filing with Bursa Malaysia, Supermax said its Canadian subsidiary, Supermax Healthcare Canada Inc had agreed to terminate by mutual consent with the Federal Government of Canada the two existing contracts for the supply of nitrile gloves.

“The remaining balance of these two contracts at free on board value is US$12.67mil or under 0.8% of the group’s revenue.

“The group’s Canadian unit’s contracts for other personal protective equipment (PPE) products remain in place and are not affected,” it said.

Supermax said the group wishes to reiterate that it had embarked on its undertaking to meet the International Labour Organisation (ILO) standards on migrant workers since 2019.

“The group has been implementing many improvements and upgrades to improve its workers’ welfare in stages and has taken steps to speed up the process in order to meet the ILO standards in good time,” it added.